CCTV.com - CNTV English - CCTV News

British PM under pressure to stand-up for BP

06-11-2010 08:33 BJT

Watch Video

Play Video

British Prime Minister David Cameron is under pressure to stand-up for BP. He's expected to discuss the Gulf of Mexico oil disaster with US President Barack Obama in a phone call scheduled for this weekend.

David Cameron was making his first visit to Afghanistan as British Prime Minister on Thursday but this weekend the BP oil spill crisis will be the topic of discussion in what's being billed as a routine phone call to U.S. President Barack Obama.

Cameron's coming under increasing pressure at home to speak up for BP in the face of tough talking by Obama.

London Mayor Boris Johnson has been very vocal.

He said, "There's been an epic and unparalleled disaster but I think that the best thing now is not to get into too much name-calling and buck-passing and attempts to damage the reputation of a great British company but to get on, work together to sort it out. That's what I think people would like to see. They'd like to see the problem solved rather than attempts to pass the blame around."

The British media appears to be coming out in defense of BP, one of the world's largest corporate giants whose investors include pension funds.

Britain's National Association of Pension Funds say the fall in BP share prices may have wiped more than six billion dollars from its members' coffers.

U.S. pressure on BP not to pay a dividend to shareholders later in the year could also have serious consequences for investors.

BP accounts for up to 13 per cent of dividend payouts in Britain.

Editor:Zhang Jingya |Source: CCTV.com

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program